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Fed's Barkin: We are in a zero-to-modest gain jobs environment
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Comments from Barkin:Job data was very consistent wit ha sector in weak balanceJob data is more low hire, low fireThe jobs data doesn't feel very good but it is where it isCorporate earnings are quite strong and growing nicelyIs watching corporate earnings for linkage to job marketThis is the kind of talk we heard earlier this year, then it faded for awhile when jobs were around 100k per month.